Adz5150
05-16

One thing that stands out to me here:

The broader market is still acting strong, but some of the memory names are no longer moving in a straight line.

That’s what makes MU and SNDK interesting here.

If the long-term memory story is still intact, this kind of pullback can end up being a reset rather than a breakdown.

But if leadership starts narrowing and semis lose momentum, then buying every dip gets a lot harder.

I still think the bigger theme matters.

The question is whether this weakness is giving people a better entry, or warning that sentiment is cooling off.

Do you see this as a buy-the-dip setup, or a sign to stay patient a bit longer?

Citi Sets SNDK Target at $2,000! When Does This Bull Run Peak?
Citi raising its price target to over $2,000 — a 44% premium to the current price near $1,393 — as the company's CEO declared AI is permanently transforming the memory industry, with markets set to remain in persistent undersupply. Muted gains followed yesterday's 3.77% rally, which absorbed most institutional expectations, leaving investors cautious on consecutive sessions. Supply-side risks are also mounting, as a Samsung workers' strike could further tighten HBM and NAND supply. With a $2,000 target implying 44% upside, do you think SNDK can get there?
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